Pirelli could be set to put all of this year’s controversies behind it and sign a five-year extension to be the exclusive tyre supplier to Formula 1. The news follows last week’s WMSC meeting which cleared the way for Pirelli to stay in the sport.
It’s believed Pirelli has worked behind the scenes to sign contracts with each of the 11 F1 teams, as well as Formula One Management. Add this to locked in advertising deals at F1 circuits around the world and the FIA may not have much choice but to rubber stamp Pirelli’s extension until the end of the 2018 season.
If nothing else a long-term tyre deal would remove one variable from the sport as it enters a new technical era from next year, when new regulations require a switch 1.6 litre turbocharged V6 engines.
[Source: Pitpass | Pic: Vodafone McLaren Mercedes]